Mexico: Financial Sector Assessment Program Update: Technical Note: Organizational Arrangements for Effective Financial System Regulation, Supervision and Policymaking

May 15, 2007

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Format: Chicago

Mexico: Financial Sector Assessment Program Update: Technical Note: Organizational Arrangements for Effective Financial System Regulation, Supervision and Policymaking, (USA: International Monetary Fund, 2007) accessed November 21, 2024

Summary

This paper discusses Mexico’s organizational arrangements for effective financial system regulation, supervision and policymaking. Reforms implemented encompassed the legal framework, operational arrangements, and information systems, as well as transparency and information disclosure aspects. There has been a significant modernization of the regulatory framework, improvement of interagency coordination, and significant steps have been taken toward consolidated supervision. There is also the need to strengthen the Secretary of Finance and Public Credit’s role in designing medium- and long-term development strategies for the financial sector attuned to evolving market realities.

Subject: Consolidated banking supervision, Financial markets, Financial regulation and supervision, Financial sector development, Legal support in revenue administration, Organization of revenue administration, Revenue administration

Keywords: Bank bank, BOM, BOM concern, CNBV, CNSF, CNSF staff, Consolidated banking supervision, CR, Development bank, Financial sector development, ISCR, Legal support in revenue administration, Organization of revenue administration, SHCP, SHCP appointee, SHCP leadership

Publication Details

Pages:

17
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/167
Stock No:

1MEXEA2007006
ISBN:

9781451825756
ISSN:

1934-7685

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